1 Pine Ridge Dr
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Listed by Vanderbilt Properties, LLC | $410,000 | |
| Listed by Vanderbilt Properties, LLC | |||
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Adorable and Affordable! First showings on Saturday! This terrific condo alternative is a perfect choice if you're not feeling keen on an HOA. With a practical floor plan and plenty of space, a full back yard, this is a great way to start building home equity! This home has an updated kitchen and many modern materials to give it that younger feel. With a newer roof and a home that's recently been re-sided, you can worry less about big capital projects. Recent leased solar installation keeps electric costs low. The deck gives a wonderful outside option for nice weather. Enjoy your own private laundry and your own parking! Leave renting behind and build your future with a great equity builder. Just minutes from I-395! A perfect transition for the renter or condo owner awaits!
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| Dec 2, 2022 | Sold | ||
| Sold | |||
| Oct 19, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017